Bihar Sponge Iron

Bihar Sponge Iron

12.70
+0.22
(1.76%)
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Key Fundamentals
Add Ratio
Market Cap
114.58 Cr
EPS
1.15
PE Ratio
12.36
Dividend Yield
0.00 %
52 Week High
20.30
52 Week Low
10.20
PB Ratio
-1.38
Debt to Equity
0.00
Forecast For
Actual

Company News

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neutral
Bihar Sponge Iron Limited reported a net profit of Rs 386.48 lakhs for the quarter ended September 30, 2025, compared to Rs 514.67 lakhs in the same period last year. Sales for the quarter stood at Rs 7,316.73 lakhs versus Rs 8,856.33 lakhs in the previous quarter. The company announced plans to install a Waste Heat Recovery Plant with a total capital expenditure of Rs 118.90 crores and is approaching the Government of Jharkhand for project financing. The company faces ongoing legal challenges including a dismissed appeal regarding a Rs 215.28 lakhs penalty from South East Coalfields Ltd for coal quantity shortfall. The auditors issued a qualified review report citing concerns about unprovided penalties and loan settlement matters with promoter companies.
negative
Bihar Sponge Iron Limited's writ petition against South Eastern Coal Fields Ltd. (SECL) has been dismissed by the Chhattisgarh High Court. The dispute involves a penalty of Rs. 215.28 lacs imposed by SECL for short lifting of coal quantity under a Fuel Supply Agreement from FY 2011-12. The High Court had previously directed both parties to appear before SECL's General Manager on April 21, 2025, to reach a mutual settlement within 60 days. However, after a meeting at SECL's office failed to address the company's concerns, Bihar Sponge Iron filed a new writ petition (WPC/24721 of 2025), which was dismissed on October 27, 2025. The company states there will be no material financial impact considering the size of its operations and is consulting legal advisors for appropriate legal recourse.
neutral
Bihar Sponge Iron Limited Reappoints Kumkum Modi as Director and Names New Secretarial AuditorsSep 26, 2025
Bihar Sponge Iron Limited shareholders approved the reappointment of Mrs. Kumkum Modi as Non-Executive Non-Independent Director effective October 1, 2025, for a five-year term at their 43rd Annual General Meeting held on September 25, 2025. Modi, who has served on the board since June 4, 2011, is being reappointed as she attains the age of 75 years on January 18, 2025. She holds an M.A. from University of Delhi and has experience in pharmaceuticals, cosmetics, sugar, and iron & steel sectors. The company also appointed M/s Soniya Gupta and Associates as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30. Modi has family relationships with other directors, including her husband Shri Umesh Kumar Modi and sons Mr. Abhishek Modi and Mr. Jayesh Modi.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,261.80
#1 66,427.24
36.98
#1 6,772.60
3.01
#1 1,450
88.32
36.51
363.00
22,061.36
#1 -162.67
640.60
-66.37
-205
75.14
32.03
136.88
451.47
13.57
478.90
12.87
44
-24.27
32.78
40.89
347.43
-34.66
545.00
-5.74
-6
#1 3,600.00
66.55
141.00
340.30
36.84
174.20
-8.89
10
360.00
42.10
56.44
176.92
24.57
414.00
5.88
9
-98.77
41.15
12.70
#7 114.58
#3 12.36
#6 349.30
#1 19.54
#3 10
#5 20.00
45.41
Growth Rate
Revenue Growth
19.54 %
Net Income Growth
40.54 %
Cash Flow Change
-57.04 %
ROE
71.69 %
ROCE
17.40 %
EBITDA Margin (Avg.)
3.25 %

Yearly Financial Results

Annual Financials
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
Revenue
2
2
2
7
9
6
24
95
466
292
349
321
Expenses
3
4
3
3
3
3
17
83
449
281
335
308
EBITDA
-1
-1
-1
4
6
3
8
11
16
12
14
13
Operating Profit %
0 %
-10,548 %
0 %
0 %
0 %
0 %
24 %
3 %
3 %
-5 %
-5 %
-5 %
Depreciation
5
4
4
4
4
3
3
3
4
4
4
4
Interest
1
0
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
-7
-6
-4
-0
-0
-1
4
8
12
7
10
9
Tax
0
0
0
0
0
0
0
0
0
0
0
0
Net Profit
-7
-6
-4
-0
-0
-1
4
8
12
7
10
9
EPS in ₹
-0.82
-0.65
-0.42
-0.01
-0.01
-0.09
0.44
0.92
1.35
0.83
1.15
1.00

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
94
86
73
68
63
58
65
143
164
182
132
Fixed Assets
65
61
57
52
48
45
42
61
57
53
50
Current Assets
22
17
9
9
8
7
16
78
100
120
73
Capital Work in Progress
3
3
3
3
3
3
3
0
2
3
5
Investments
0
0
0
0
0
0
0
0
0
0
0
Other Assets
26
21
13
13
12
11
20
82
105
126
78
Total Liabilities
94
86
73
68
63
58
65
143
164
182
132
Current Liabilities
97
97
93
90
84
82
84
154
130
143
85
Non Current Liabilities
74
71
66
65
66
64
65
65
97
95
93
Total Equity
-77
-83
-87
-87
-87
-88
-84
-75
-63
-56
-45
Reserve & Surplus
-167
-173
-177
-177
-177
-178
-174
-166
-153
-146
-136
Share Capital
90
90
90
90
90
90
90
90
90
90
90

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-1
-3
-6
0
0
-0
0
3
-1
1
-1
Investing Activities
1
1
1
0
0
0
-0
-19
-2
-2
-0
Operating Activities
-0
-1
-3
0
-0
1
10
23
-16
19
8
Financing Activities
-1
-3
-4
-0
0
-1
-10
-2
17
-17
-9

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
69.61 %
69.61 %
69.61 %
69.61 %
69.34 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
69.23 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
0.21 %
0.19 %
0.09 %
0.07 %
0.07 %
0.07 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
0.08 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
24.94 %
24.52 %
23.24 %
24.55 %
25.15 %
25.71 %
24.89 %
25.09 %
25.12 %
25.23 %
25.75 %
26.15 %
26.15 %
25.97 %
26.06 %
26.08 %
26.11 %
26.10 %
26.14 %
Others
5.24 %
5.68 %
7.06 %
5.77 %
5.44 %
4.99 %
5.80 %
5.61 %
5.58 %
5.47 %
4.95 %
4.55 %
4.55 %
4.73 %
4.64 %
4.62 %
4.58 %
4.60 %
4.56 %
No of Share Holders
54,988
54,953
55,204
56,434
57,523
57,689
57,480
57,267
57,049
56,983
58,529
58,894
59,618
59,207
59,958
60,270
60,302
60,041
59,710

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
28 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
28 Sept 2024 25.05 22.50
14 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Nov 2024 17.22 15.25
14 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Feb 2025 15.01 14.33
29 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 May 2025 12.44 12.23
12 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Aug 2025 14.87 14.69
25 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2025 13.60 13.01
12 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2025 12.74 12.56

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication4 days ago
Board Meeting Outcome for Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025 And Outcome Of Board Meeting Held On 12Th November 20255 days ago
Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025 And Outcome Of Board Meeting Held On 12Th November 20255 days ago
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 03, 2025
Board Meeting Intimation for Consideration And Approval Of The Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025.Nov 03, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 30, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 11, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 09, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 26, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateSep 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 26, 2025
Proceedings Of 43Rd Annual General Meeting (AGM) Of The Company Held On Thursday 25Th September 2025 At 03:30 P.M.Sep 25, 2025
Closure of Trading WindowSep 24, 2025
Closure of Trading WindowSep 24, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 15, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 04, 2025
Dispatch Of Letters To Shareholders Whose E-Mail Addresses Are Not Registered With The Company/CompanyS RTA/ Depository/ Depository Participant(S).Sep 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 03, 2025
Reg. 34 (1) Annual Report.Sep 02, 2025
Notice Of 43Rd Annual General Meeting (AGM) And Annual Report For The Financial Year 2024-25 Of Bihar Sponge Iron LimitedSep 02, 2025
Intimation Of Date Of Annual General Meeting (AGM) And Closure Of Register Of Members And Share Transfer BooksSep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 22, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Un-Audited Financial Results For The 1St Quarter Ended 30Th June 2025 And Outcome Of Board Meeting Held On 12Th August 2025Aug 12, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 12, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 12, 2025
Board Meeting Outcome for Un-Audited Financial Results For The 1St Quarter Ended 30Th June 2025 And Outcome Of Board Meeting Held On 12Th August 2025Aug 12, 2025
Un-Audited Financial Results For The 1St Quarter Ended 30Th June 2025 And Outcome Of Board Meeting Held On 12Th August 2025Aug 12, 2025
Board Meeting Intimation for Inter-Alia To Consider And Approve The Un-Audited Financial Results For The 1St Quarter Ended 30Th June 2025.Aug 02, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 04, 2025
Closure of Trading WindowJun 26, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2025
Board Meeting Outcome for Audited Financial Results For The 4Th Quarter And Year Ended 31St March 2025 And Outcome Of Board Meeting Held On 29Th May 2025May 29, 2025
Audited Financial Results For The 4Th Quarter And Year Ended 31St March 2025 And Outcome Of Board Meeting Held On 29Th May 2025May 29, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 23, 2025
Board Meeting Intimation for The Next Meeting Inter-Alia To Consider And Approve The Audited Financial Results For The 4Th Quarter And Year Ended 31St March 2025.May 19, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 08, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 28, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Apr 09, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 08, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 08, 2025
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Order/Direction Of HonBle High Court Of Chattisgarh Bilaspur In The Matter Of Southern Eastern Coalfields Ltd. (SECL).Mar 24, 2025
Closure of Trading WindowMar 24, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 15, 2025
Intimation Of Revised Policy On Materiality Of Related Party Transaction And Also On Dealing With Related Party TransactionsFeb 14, 2025

Technical Indicators

RSI(14)
Neutral
45.27
ATR(14)
Volatile
0.74
STOCH(9,6)
Neutral
51.31
STOCH RSI(14)
Neutral
56.08
MACD(12,26)
Bullish
0.02
ADX(14)
Strong Trend
27.82
UO(9)
Bearish
43.10
ROC(12)
Downtrend And Accelerating
-3.18
WillR(14)
Neutral
-70.83